Anyone seeing 1% rents?

[Rabih El-Khoury]

Hi - I was wondering whether there is any market/city/town that's seeing the 1% or even 0.9% Rule apply? Was looking at the Dallas Forth Worth area and the averages are 0.7%-0.8% rent vs. property value. When you factor in Texas property taxes (2.1% - 2.8%) your cash flow takes a hit. Thanks!